Phipps Park Baseball Inc

Analysis

Phipps Park Baseball Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Phipps Park Baseball Inc reported income of $486k and spending of $447k, spending 92% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $332k to $486k (+46%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 46%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Phipps Park Baseball Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within FL. Charities of a similar size with the same main cause include High Country Soccer Association ($486k), Township of Mahwah Youth Sports Boosters Inc ($487k) and Trail Ridge Camp Inc ($486k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $80k (18% of expenses). At year end it held assets of $125k against liabilities of $50k, net assets of $75k.